Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BHANDARI) Bhandari Hosiery complete technical analysis [charts+indicators] | Buy/Sell Bhandari Hosiery | (BHANDARI) share price targets

Complete technical analysis of Bhandari Hosiery (BHANDARI) by charts plus indicators, forecast predictions and share price targets for Bhandari Hosiery (BHANDARI)

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Bhandari Hosiery is 516961

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6.44	6.28	6.50	6.20	0.439 times
21 Thu Nov 2024	6.24	6.48	6.48	6.20	0.852 times
19 Tue Nov 2024	6.33	6.45	6.59	6.30	0.993 times
18 Mon Nov 2024	6.30	6.51	6.79	6.26	1.657 times
14 Thu Nov 2024	6.46	6.75	6.75	6.43	0.817 times
13 Wed Nov 2024	6.60	6.70	7.87	6.43	1.907 times
12 Tue Nov 2024	6.56	6.73	6.81	6.52	0.371 times
11 Mon Nov 2024	6.72	6.70	6.92	6.55	1.198 times
08 Fri Nov 2024	6.65	6.85	6.85	6.61	0.706 times
07 Thu Nov 2024	6.80	6.88	6.92	6.75	0.994 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.4 as stoploss in an intra day buy trade for a target of 6.53. However, stock will show a bearish move below 6.4.

Share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Target	5.80
Downside Target	6.18
Downside Target	6.43
Upside Target	6.79
Upside Target	6.92
Upside Target	6.99
Upside Target	7.35
Upside Target	7.79
Upside Target	7.87
Upside Target	7.95
Upside Target	8.10

Intraday share price targets for Bhandari Hosiery (BHANDARI)

Target Type	Value
Downside Intraday Target	6.16
Downside Intraday Target	5.89
Upside Intraday Target	6.75
Upside Intraday Target	7.07
Upside Intraday Target	6.48

Weekly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6.44	6.51	6.79	6.20	0.918 times
14 Thu Nov 2024	6.46	6.70	7.87	6.43	0.816 times
08 Fri Nov 2024	6.65	6.85	6.92	6.52	1.1 times
01 Fri Nov 2024	6.75	6.34	6.89	6.18	0.852 times
25 Fri Oct 2024	6.34	6.64	6.99	6.28	0.55 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bhandari Hosiery (BHANDARI)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	6.44	6.69	7.87	6.20	0.303 times
31 Thu Oct 2024	6.58	6.86	7.35	5.80	0.957 times
30 Mon Sep 2024	6.91	7.34	7.79	6.81	0.671 times
30 Fri Aug 2024	7.30	7.47	7.95	6.26	2.013 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bhandari Hosiery (BHANDARI)

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bhandari Hosiery ( (BHANDARI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bhandari Hosiery stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bhandari Hosiery in short term and the sell signal is strong.

Bhandari Hosiery Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bhandari Hosiery in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bhandari Hosiery is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.51 and Bhandari Hosiery (BHANDARI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bhandari Hosiery (BHANDARI) stock. Volume based technical analysis of Bhandari Hosiery (BHANDARI) stock is negative.

Bhandari Hosiery Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.